Common use of Payment Rate Clause in Contracts

Payment Rate. PROVIDER understands that payments for each student may not exceed the amount of funding for one full-time equivalent (FTE) student, as established by the Florida Legislature, except that a student reenrolled for extreme hardship may receive more than one FTE. The amount of funding for one FTE student is calculated by multiplying the base student allocation provided in the General Appropriations Act by the county’s district cost differential. The formula for FTE calculation is subject to revision by the Legislature during the course of the program year.

Appears in 8 contracts

Sources: Statewide Voluntary Prekindergarten Provider Contract, Statewide Voluntary Prekindergarten Provider Contract, Voluntary Prekindergarten Provider Contract

Payment Rate. PROVIDER understands that payments for each student child may not exceed the amount of funding for one full-time equivalent (FTE) student, as established by the Florida Legislature, except that a student reenrolled for extreme hardship may receive more than one FTE. reenrollment circumstances described in Rule 6M- 8.210, F.A.C. The amount of funding for one FTE student is calculated by multiplying the base student allocation provided in the General Appropriations Act by the county’s district cost differential. The formula for FTE calculation is subject to revision by the Legislature during the course of the program year.

Appears in 3 contracts

Sources: Statewide Voluntary Prekindergarten Provider Contract, Statewide Voluntary Prekindergarten Provider Contract, Statewide Voluntary Prekindergarten Provider Contract